Twenty Mile Metals Inc. Announces Cancellation of Private Placement
Twenty Mile Metals Inc. Announces
Cancellation of Private Placement
Vancouver, British Columbia--(Newsfile Corp. - August 5, 2026) - Twenty Mile Metals Inc. (TSXV: MILE)
(the "
Company
") announces that, further to its news release dated July 22, 2026, it has elected not to
proceed with its previously announced non-brokered private placement of up to 25,000,000 common
shares at a price of $0.08 per common share for aggregate gross proceeds of up to $2,000,000.
The Company has sufficient funds to conduct its currently planned exploration and development
programs, but may look to revisit financing opportunities in the future.
About Twenty Mile Metals Inc.
Twenty Mile Metals Inc. is a Vancouver-based mineral exploration company advancing precious-metals
and critical minerals projects in British Columbia.
For further information, please contact:
Chris Beltgens
Director
Twenty Mile Metals Inc.
E-Mail:
Neither the TSX-V nor its Regulation Services Provider (as that term is defined in the policies of the
TSX-V) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
Certain of the statements made and information contained herein is considered "forward-looking
information" within the meaning of applicable Canadian securities laws, including statements with
regard to the Company's operations and potential strategic opportunities. These statements address
future events and conditions and are reliant on assumptions made by the Company's management,
and so involve inherent risks and uncertainties, as disclosed in the Company's periodic filings with
Canadian securities regulators. As a result of these risks and uncertainties, and the assumptions
underlying the forward-looking information, actual results could differ from those currently projected.
The Company does not assume the obligation to update any forward-looking statement, except as
required by applicable law.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/308089